staircasing to 100% and still have to pay service charge?

Freecall

fletcher1985 said:

i always thought if i had the freehold then i wouldnt have to pay this

Who would you expect to pay your share?

D.L

fletcher1985 said:

i always thought if i had the freehold then i wouldnt have to pay this 

You're in for a shock then - once you staircase, you're even going to have to continue paying council tax!!

[Deleted User]

Buying a 100% share of your property will mean you don't have to pay rent.  Service charges are for a separate thing and still payable.

fletcher1985

WOW WHAT NICE PEOPLE YOU ARE AND NOT RUDE AT ALL.THANKS FOR THE PEOPLE THAT ACTUALLY TRIED TO HELP

pjread

I thought it was fairly standard that shared ownership schemes were leasehold anyway; and if you staircase to 100% you still have 100% of a leasehold property. 

If it truly does pass you the freehold title then there isn't much that can force you to pay, but I doubt it does and if nobody maintains shared facilities you'll soon find yourself living in a bit of a dump...

pjread

For what it's worth I looked at a leasehold house once, no shared ownership involved just a straight purchase, but it certainly entailed service charges for shared gardens etc

fletcher1985

Thanks for yourhelp pjread, after the response from people on here i wont be posting again. i thought this site was to help people not rude and treat people badly.

amandacat

I staircased to 100% on my first house which was shared ownership. Took about 6 weeks to go through and I acquired the freehold. No more service charge at that point for me but I imagine it depends on the agreement so yourself may be different.